$3,350,000

Estimated payment $19,894/month

Total Views 956
4 Beds
3 Baths
2,200 Sq Ft
$1,523 Price per Sq Ft

Highlights

  • Ocean View
  • Fishing
  • Property is near a park
  • Newport Elementary School Rated A
  • All Bedrooms Downstairs
  • Furnished

About This Home

3 Legal non-conforming triplex with short term permits. 2/1, 1/1, 1/1 all with their own washer and dryer. All units have been upgraded with new kitchens, bathrooms, flooring, plumbing, roof and in move-in condition should you elect not to use the short term lodging permits. Fully furnished. One car garage with two additional parking spaces. Located just one house away from the surf, sand and board walk. No streets to cross to get the beach making it a lot safer. The pier, park, back bay is just one block away making the location ideal for may uses.

Listing Agent

Wayne Smith

Corona Del Mar Properties Inc Brokerage Phone: 949-300-2215 License #00922140 Listed on: 07/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,620

Year Built

  • Built in 1928

Lot Details

  • 2,614 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Triplex
  • Patio Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Grill

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Overhead Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 18
  • Tax Tract Number 515
  • Assessor Parcel Number 04717303
  • $542 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,620

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 1116667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 04717303
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Furnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1522.73
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Radiant
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Hiking, Park, Watersports, Sidewalks, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Patio Home, Utilities - Overhead
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 628.00
  • Tax Lot: 18
  • Tax Tract Number: 515
  • TaxOtherAnnualAssessmentAmount: 542.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,620 $1,752,483 $1,712,742 $39,741
2024 $18,620 $1,718,121 $1,679,159 $38,962
2023 $19,030 $1,684,433 $1,646,234 $38,199
2022 $18,922 $1,651,405 $1,613,955 $37,450
2021 $18,850 $1,619,025 $1,582,309 $36,716
2020 $18,581 $1,602,424 $1,566,084 $36,340
2019 $18,344 $1,571,004 $1,535,376 $35,628
2018 $18,079 $1,540,200 $1,505,270 $34,930
2017 $6,289 $420,553 $380,062 $40,491
2016 $6,199 $412,307 $372,609 $39,698
2015 $6,159 $406,114 $367,012 $39,102
2014 $6,035 $398,159 $359,822 $38,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $3,350,000 +121.9% $1,523 / Sq Ft
05/11/2017 05/11/17 Sold $1,510,000 -5.3% $1,466 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $1,595,000 -- $1,549 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,510,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,015,000 New Conventional
Closed $150,000 Unknown
Closed $48,000 Unknown
Closed $1,260,000 Purchase Money Mortgage
Previous Owner $850,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25170395

California Regional Multiple Listing Service (CRMLS)

APN: 047-173-03